Different streaming software/programs can make a huge difference for sure!
Regarding the hardware used, I believe a well-engineered device, of which there are many at various price points, running good quality streaming software properly, should outperform a device that is not for some reason, and that some more niche products may offer a unique house sound that appeals to some enough to justify the cost, but that’s about as far as I would go.
With good streaming software, like Roon or Qobuz,, any common household computer, tablet or smart phone can be a formidable competitor by simply using an asynchronous USB connection to a good quality external DAC.

